Board Information System (BIS)
Since notification of Companies Act 2013, in March 2014, both Governance & Compliance have become ‘must haves’. Earlier, they were at best ‘nice to have’ and at worst ‘a necessary evil’. Axar’s Board Information System (BiS) is the compleat governance & compliance solution, right from planning through execution for the Secretarial Office and the Board of Directors. BiS consists of two modules: BoardEye (paperless meeting management and board governance support) and LegiLens (secretarial office management and compliance support for Companies Act 2013 and SEBI regulations). Read More
The basic infrastructure of BoardEye software is based on Meeting Activity Management and Management of Information related to it. Going beyond, however, BoardEye provides the Board, support in its governance role by tracking compliance with legal requirements as well as Board decisions. The key features of BoardEye are as follows: Total Meetings Management Solution for Board & Committee meetings, o Web-interface for access from Windows & Android devices, Actions Tracking for Board Governance Support,Writing notes for personal reminders, Data and Interaction Security.
LegiLens is a compleat Secretarial Compliance & Office Management system which helps the CS manage secretarial activities of not just one but all group companies. LegiLens helps to keep pace with new notifications and guidelines and constantly changing regulations issued under the Companies Act 2013 by Ministry of Corporate Affairs or by the Securities Exchange Board of India, and mandatory guidelines issued by the Institute of Company Secretaries of India. Timely reminders and alerts combined with chapter-wise and event-wise section compliances removes the word ‘non-compliance’ from your dictionary!
– Board Governance
- Total Meetings Management Solution for Board & Committee meetings
- Web-interface for access from Windows & Android devices
- Creation and modification of various versions of the Agenda and MOMs possible
- Voting on Circular Resolutions akin to open boardroom situation
- Actions Tracking for Board Governance Support.
- Data and Interaction Security
- Use of verified ‘Secure Tokens’
- Specially designed display controls to ensure data access to authorised users only
- ‘Security First approach’ through encrypted platform providing data security
– Secretarial Management
- Compliance Coverage
- i-pad version available
- Ensuring Compliance
- Compliance alert system
- Allows setting up of compliance deadline alerts.
- Sends timely reminders to assigned personnel
- Tasks assignments to individual team members
- Provides for Plan B – In case of emergency a task can be assigned to another person
- Compliance Calendar feature supports time-based compliance requirements
Statements of influencers & testimonials…
Our Board of Directors has been using BoardEye for over a year and we are happy to record that our Directors have uniformly expressed appreciation for BoardEye. Using BoardEye has meant increase in effective use of their time and increase in efficiency of conducting our Board Meetings. Directors are especially happy with the BoardEye feature for board decision tracking and for compliances tracking.
This has meant a significant and welcome reduction in expenditure on sending papers relating to Board Meetings. Also, equally importantly, it has reduced effort of my Secretarial team.
I would heartily recommend BoardEye to any company that has busy Boards. It will certainly improve Board interactions and help their Directors as well as their Company Secretary achieve professional excellence.
Best wishes for the continued success of BoardEye!
Senior Vice President – Legal & Company Secretary
Mahindra Lifespace Developers Ltd.
BoardEye is the best multi-board governance support solution I have used till date.”
Mr Haribhakti is the Non-Executive Chairman, L&T Financial Services (L&T Finance Holdings Ltd) and is also an Independent Director on the boards of Ambuja Cement Ltd, ACC Cement Ltd and Mahindra Lifespaces Developers Ltd, among others.
Shailesh HaribhaktiCA on August 15, 2018
I am convinced that BoardEye is an effective governance tool for us by listed companies and their directors to help them manage their activities concerning Board meetings, more efficiently and effectively
Dr. K. R. ChandratreCompany Secretary
How do we Deliver?
Time saving is of vital importance for KMPs – that reflects in our delivery model!
LegiLens and BoardEye are web based applications designed to keep you accessible and well informed anytime-anywhere. BiS, a communication and information portal, is installed on your company’s intranet- or a cloud-server procured by your company. A laptop PC or an iPad with internet connectivity is all you need to access and use the system. BoardEye is also designed as an iPad app adding to its user friendliness.